Vacancy rates decreased further to sub 4% in Q2 2018. The vast majority of supply under construction is pre-leased already thus no major rise in vacancy is expected, BNP Paribas Real Estate says.

On the premises of a former textile factory in downtown Brno, CTP has completed the first phase of its Vlněna project.

This year’s Deloitte CE Technology Fast 50 was dominated by Czech firms, with three having made it to the top five. The contest for the fastest-growing technology companies in Central Europe was won by Prusa Research, a maker of 3D printers, followed by last year’s winner Kiwi.com, the plane ticket provider. The online pharmaceuticals retailer Pilulka Distribuce took fifth place, and the online clothing retailer ZOOT won the Big 5 category.

At the time of municipal election, part of Czech citizens selected one third (27) of the Senate members as well. After rather big reputational fail of the current governmental parties in big cities such as Prague or Brno, the results of the Senate election seem to lay basis for a substantive opposition to the government politics.